Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$906M |
| 2 |
Amazon
AMZN
|
+$712M |
| 3 |
Microsoft
MSFT
|
+$665M |
| 4 |
AbbVie
ABBV
|
+$538M |
| 5 |
Apple
AAPL
|
+$236M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Home Depot
HD
|
+$302M |
| 2 |
Chevron
CVX
|
+$290M |
| 3 |
American Tower
AMT
|
+$225M |
| 4 |
ACC
American Campus Communities, Inc.
ACC
|
+$136M |
| 5 |
Baidu
BIDU
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.64% |
| 2 | Healthcare | 14.93% |
| 3 | Financials | 13.34% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Industrials | 8.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPNE
2876
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $3.43M | ﹤0.01% |
603,646
+4,727
| +0.8% | +$30K |
|
2877
CS Disco
LAW
$267M
| $3.42M | ﹤0.01% |
342,456
+48,347
| +16% | +$879K |
|
|
CTV
2878
DELISTED
Innovid Corp.
CTV
| $3.41M | ﹤0.01% |
1,258,544
+521,445
| +71% | +$1.49M |
|
|
MKFG
2879
DELISTED
Markforged Holding Corporation
MKFG
| $3.4M | ﹤0.01% |
172,010
+15,222
| +10% | +$352K |
|
2880
Ring Energy
REI
$320M
| $3.4M | ﹤0.01% |
1,466,888
+21,516
| +1% | +$58.7K |
|
2881
Wheels Up
UP
$208M
| $3.4M | ﹤0.01% |
14,788
+151
| +1% | +$60.5K |
|
2882
Aemetis
AMTX
$114M
| $3.39M | ﹤0.01% |
554,097
+23,050
| +4% | +$175K |
|
2883
HBT Financial
HBT
$1.31B
| $3.38M | ﹤0.01% |
186,220
+1,931
| +1% | +$35.1K |
|
|
FAZE
2884
DELISTED
FaZe Holdings Inc. Common Stock
FAZE
| $3.37M | ﹤0.01% |
348,301
+270,886
| +350% | +$3.6M |
|
|
BVH
2885
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $3.36M | ﹤0.01% |
203,484
-22,139
| -10% | -$498K |
|
2886
MediaAlpha
MAX
$758M
| $3.36M | ﹤0.01% |
384,025
+11,986
| +3% | +$117K |
|
2887
Full House Resorts
FLL
$82.7M
| $3.36M | ﹤0.01% |
597,811
+38
| +0% | +$245 |
|
|
PETQ
2888
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $3.36M | ﹤0.01% |
486,643
+1,278
| +0.3% | +$17.2K |
|
2889
RxSight
RXST
$259M
| $3.35M | ﹤0.01% |
279,648
+51,885
| +23% | +$713K |
|
2890
Greenlight Captial
GLRE
$543M
| $3.35M | ﹤0.01% |
450,151
-296
| -0.1% | -$2.26K |
|
2891
Noodles & Co
NDLS
$106M
| $3.35M | ﹤0.01% |
89,074
+588
| +0.7% | +$23.4K |
|
2892
Digimarc Corp
DMRC
$166M
| $3.34M | ﹤0.01% |
246,261
-5,254
| -2% | -$85K |
|
2893
1-800-Flowers.com
FLWS
$265M
| $3.33M | ﹤0.01% |
512,906
+15,959
| +3% | +$141K |
|
2894
Aehr Test Systems
AEHR
$3.58B
| $3.31M | ﹤0.01% |
235,060
+11,013
| +5% | +$148K |
|
2895
Inseego
INSG
$126M
| $3.28M | ﹤0.01% |
158,404
+2,085
| +1% | +$50.4K |
|
2896
Global E Online
GLBE
$6.98B
| $3.26M | ﹤0.01% |
121,873
+2,320
| +2% | +$66K |
|
2897
NACCO Industries
NC
$360M
| $3.25M | ﹤0.01% |
69,150
+2,747
| +4% | +$120K |
|
|
RPC
2898
Ridgepost Capital
RPC
$995M
| $3.24M | ﹤0.01% |
307,625
+540
| +0.2% | +$6.44K |
|
2899
El Pollo Loco
LOCO
$503M
| $3.23M | ﹤0.01% |
361,868
+1,265
| +0.4% | +$11.9K |
|
2900
First Watch Restaurant Group
FWRG
$789M
| $3.23M | ﹤0.01% |
222,757
+4,581
| +2% | +$74.4K |
|
Similar funds
Geode Capital Management's Q3 2022 Portfolio in Review
As of Q3 2022, Geode Capital Management held 5,120 positions worth $659B, down 3.4% from $683B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Trading was light in Q3 2022: portfolio turnover was 3.8%. Geode Capital Management opened 106 new positions and exited 90, leaving the 5,120-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q3 2022 buy was Endeavor Group Holdings, Inc.: 1,449,828 shares worth $29.4M.
- Geode Capital Management added most to Tesla in Q3 2022, an estimated $906M increase.
- Geode Capital Management's biggest Q3 2022 reduction was Home Depot, cutting an estimated $302M.
- Geode Capital Management fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $136M.
- Geode Capital Management's ten largest holdings make up 23% of its $659B portfolio in Q3 2022.
- Geode Capital Management opened 106 new positions and closed 90 in Q3 2022.
- Geode Capital Management's portfolio value fell 3.4% quarter-over-quarter to $659B.
Based on Geode Capital Management's 13F filing for Q3 2022, filed 14 Nov 2022.